Impressive Growth in Cyprus Tourism Revenue: €223.3m in Q1 2024, Surging 11.7% YoY

Revenue from tourism reached an estimated €223.3m in January–March 2024, rising 11.7% compared to €200m in the first quarter of 2023, Cystat said.

Based on the results of its Passengers Survey, in March, revenue from tourism reached €113m, compared to €97.8m in the corresponding month of 2023, recording an increase of 15.5%.

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The average expenditure per person was €558.88 in March 2024 compared to €530.72 in March 2023 (up 5.3%).

Tourists from the United Kingdom, again Cyprus’ largest tourist market with 31.8% of the total in March, spent on average €73.49 per day, while tourists from Poland, the second largest market with 10.4% of total tourists, spent on average €75.86.

Tourists from Germany, the third largest market with 9.8%, spent on average €98.66 per day, while tourists from Greece with 9% of the market, spent on average €43.37 per day.

Finally, tourists from Israel, the fifth place on the market with 8.2%, spent on average €143.21 per day.

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OpenAI Hires Google Gemini Co-Lead Noam Shazeer

by THEFUTURE.TEAM

June 22, 2026

A Strategic Shift In AI Leadership

Noam Shazeer, Google’s Vice President of Engineering and co-lead of its Gemini AI models, has announced that he is leaving the company to join OpenAI. The move comes as major technology firms continue competing for AI talent.

An Executive Transition Redefined

Shazeer shared his enthusiasm for the new opportunity on his X profile, stating, “I’m excited to share that I’ll be joining OpenAI and look forward to working with the exceptional team there.” Acknowledging the bittersweet nature of his decision, he added, “It was a difficult decision to move on. I’m incredibly proud of the amazing team at Google and everything we’ve built together. It has been an honor and a pleasure to work with all of you.”

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Context And Historical Perspective

Shazeer’s transition comes less than two years following his return to Google, when he, along with fellow researcher Daniel De Freitas, rejoined the tech giant’s DeepMind AI unit. Their return was part of a strategic partnership with the startup Character.AI, a venture they founded after departing Google in 2021 over a divergent vision for an innovative chatbot project. Their success with Character.AI has firmly established them as influential figures in the AI community.

The Broader Industry Implications

Shazeer’s departure is the latest example of the growing competition among technology companies for experienced AI researchers and engineers. The move comes at a time when Google is expanding its AI portfolio. During its annual I/O developer conference, the company unveiled new offerings, including the Gemini 3.5 Flash model and the Gemini Spark AI agent.

OpenAI, meanwhile, continues to strengthen its position in the market through ChatGPT and other AI products, adding to the rivalry among leading technology companies. Against that backdrop, Shazeer’s move reflects the increasing importance of talent as companies compete to shape the next phase of AI development.

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